This will save you £28 a week and £112 a month. With 32 weeks until Christmas, if you start now, you can save £896 before the big day. If you’re in a relationship, you could even encourage your other half to do the same and double your savings.

Then come Christmas simply decide if you want to spend it all on presents - or book a holiday for the year ahead instead!

If you've got any other good money saving tips, leave them in our comments below.